Looking to balance out your exposure to YUM? The ETFs below have the lowest correlation with YUM — they tend to move on their own, which can help reduce risk when YUM drops. The stock ideas table highlights individual companies that behave independently from YUM.
Best Diversifiers for YUM
5 ETFs have low correlation with YUM (below 0.3), 2 of which are negatively correlated. The least correlated is First Trust NASDAQ Technology Dividend Index Fund (TDIV) (Technology Equities) with a 1Y correlation of -0.08, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust NASDAQ Technology Dividend Index Fund | -0.08 | 0.18 | 0.33 | 83 | Technology Equities, Dividend | YUM vs TDIV | |
| Invesco QQQ ETF | -0.04 | 0.16 | 0.31 | 73 | Nasdaq-100 | YUM vs QQQ | |
| Vanguard S&P 500 ETF | 0.09 | 0.27 | 0.41 | 70 | S&P 500 | YUM vs VOO | |
| State Street SPDR S&P 500 ETF | 0.09 | 0.27 | 0.41 | 70 | S&P 500 | YUM vs SPY | |
| Vanguard Total Stock Market ETF | 0.09 | 0.28 | 0.41 | 68 | Large Cap Blend Equities | YUM vs VTI |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from YUM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to YUM and solid risk/return profiles. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.16, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.16 | 0.03 | 0.19 | 84 | Technology | |
| NVIDIA Corporation | -0.15 | 0.02 | 0.18 | 78 | Technology | |
| Micron Technology, Inc. | -0.15 | 0.04 | 0.16 | 99 | Technology | |
| Advanced Micro Devices, Inc. | -0.15 | 0.08 | 0.20 | 98 | Technology | |
| Fortinet, Inc. | -0.14 | 0.06 | 0.22 | 66 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements YUM
Add YUM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with YUM